Inheritance Tax Planning

The two things that are certain to happen during our lifetime, is death and the other is taxes. These are subjects that do tend to be put on hold but if you delay in planning for your future your beneficiary may receive a substantial amount less than you anticipated. This is because Inheritance Tax is currently charged at 40% on the value of estates above a certain value.

If you hold a worldwide estate including property, savings, investments and life policies over the individual threshold value of 325k, your beneficiaries will be subject to pay Inheritance Tax. However new rules mean that the survivor of a marriage or civil partnership can benefit from up to double of the Inheritance Tax allowance (currently 650k for couples and civil partners).

An Inheritance Tax Plan used in conjunction with a will and suitable trusts, can reduce your liabilities over the Inheritance Tax threshold.

Futura Independent Financial Advisers are able to offer a range of Inheritance Tax solutions which meet your personal circumstances and we can assist you to meet your personal financial goals.

To obtain Financial Advice in Hampshire, Chichester, Bognor Regis and West Sussex call us today on 01243 776774. We can guide you through the options available to you.